Scalpeur journal, scalping the bollinger band | Page 18 | Forex Factory

Options

Go to
Permalinks
Print Thread

Similar Threads

Developing algo for Modified Bollinger Band Scalping Strategy 3 replies

ema bollinger band alerts 1 reply

Bollinger band difference indicator... 2 replies

Bollinger band settings? 1 reply

Bollinger Band Width for Metatrader 4 replies

Attachments: Scalpeur journal, scalping the bollinger band
Exit Attachments

Scalpeur journal, scalping the bollinger band

  • #341
  • Sep 11, 2014 4:48am Sep 11, 2014 4:48am
Quoting scalpeur
I see better when i open oanda fxtrade, because i have intermediate TF , 2 hours, 3 hours, 6 hours, 8 hours, 12 hours. (with mt4 there is too much difference between 1 hour and 4 hours, need intermediate to see). {image} {image} {image}
Just one question regarding the 1st chart: why do you say the price will stay in the inf band?
I mean it may as well go and brake the middle band back up as far as I know.. what are the clues that tell you it will stay under the middle band?..
Thanks
  • #342
  • Sep 11, 2014 5:13am Sep 11, 2014 5:13am
Yes, the price can go up, the price stay in the up band for one day, i think now he will stay down maybe one day or more.
  • #343
  • Sep 11, 2014 8:17am Sep 11, 2014 8:17am
#POST 338

http://nimga.fr/m/egbFc.jpg
  • #344
  • Sep 11, 2014 8:21am Sep 11, 2014 8:21am
Quoting scalpeur
#POST 338 {image}
Impressive!

  • #345
  • Edited 10:36am Sep 11, 2014 10:20am | Edited 10:36am
Quoting RabbitWolf
Saved this as example: Confluence trade meeting of three bands for first time after uptrend. 1 Day, 4 Hour, 1 Hour. Target 1- top of 1 hour, then 2 - Center of 1 day BB (20 SMA) {image} First target Flat 1 hour BB top {image} Second Target - Center of Day BB (it may kick down from center, so profit is taken there) {image}
Continue trade example from 20 BB (Daily) Center to 20 BB Bottom
Price went from 1 Day BB center to bottom, note MACD and Stoch crossed very high, so it could not brake 20 SMA to upside. TP fast at BB Bottom or close to it, because Bulls will enter

Attached Image (click to enlarge)
Click to Enlarge Name: SPX500USDM15.png Size: 75 KB



Somebody asked me to post some examples with MTF BBs. Scalpeur is better Guru, i am learning with everybody here..:nerd:

This is MTF BB with steps, I use it for biggest time frames, i like reaction it gets on my platform, even trading on 5 min chart.

High time frame MTF normal BB will mess up and freeze platform, so i use this one with steps. BB Centers can make good scalp trades

PERIOD_D1 1440
PERIOD_W1 10080
PERIOD_MN1 43200

Attached File(s)
File Type: ex4 #MTF_BollingerBands.ex4   4 KB | 474 downloads

Attached File(s)
File Type: mq4 #MTF_BollingerBands.mq4   5 KB | 541 downloads
  • #346
  • Sep 15, 2014 3:26pm Sep 15, 2014 3:26pm
This is a very interesting thread. I always underestimated the power of Bollinger Bands.
Now I know better, thanks to you.
So, take a look at my little contribution.
On the chart you will see some BB (20, 100 and 360) and also some horizontal lines (green, white, gray, orange and purple).
Those are from the indicator #i-Targets. Very good to scalp with....
Attached Image (click to enlarge)
Click to Enlarge Name: I targets.png Size: 88 KB
Attached File(s)
File Type: ex4 #i-Targets.ex4   7 KB | 350 downloads
  • #347
  • Sep 15, 2014 3:44pm Sep 15, 2014 3:44pm
Hi scalpeur this looks like you have mutch to teach i dont understand it yet how can i understand all of this more ? for example what about macd can you explain more about it please ?

Best regards
  • #348
  • Sep 15, 2014 7:58pm Sep 15, 2014 7:58pm
This is not 100%, but give me good indication in many time.

Only with fxtrade, never try with mt4.

In TF 5 minutes, with eur/usd and some others pair, the macd reach the number 5, that tall me it's overbuy or oversold. (in range market)

Others TF is other number.

http://nimga.fr/m/tY8Yq.jpg
  • #349
  • Sep 15, 2014 8:04pm Sep 15, 2014 8:04pm
http://nimga.fr/m/2ar11.png 11 september 2014 setup


http://nimga.fr/m/24gPT.png 15 september 2014 tp hit
  • #350
  • Sep 15, 2014 8:12pm Sep 15, 2014 8:12pm
http://nimga.fr/m/3syab.jpg 11 september 2014

http://nimga.fr/m/W8UtM.png
  • #351
  • Sep 15, 2014 8:20pm Sep 15, 2014 8:20pm
USD/TRY setup for carry tradeur.

No short until confluence of bb, just wait the good time, 1 day, 5 days, 10 days ? let's see.

http://nimga.fr/m/019pG.png
  • #352
  • Sep 15, 2014 8:45pm Sep 15, 2014 8:45pm
Experiment of carry trade:

30 $ interest/ day = 900 $ / month
0.24% interest / day = 7.2% / month

http://nimga.fr/m/bXycO.jpg
  • #353
  • Sep 16, 2014 7:34am Sep 16, 2014 7:34am
Hi Scalpeur,
Thank you for this thread. I have read it a few times now and each time I find some new information. I noticed on one of your earlier posts you used the 'Forex Open Positions Ratio' (http://fxtrade.oanda.com/analysis/open-position-ratios).

Apologies for the newbie question but do you find this is a useful tool? How do you use it when trading?

Cheers
  • #354
  • Sep 16, 2014 8:21am Sep 16, 2014 8:21am
Not really useful. (95% of the traders lose money). (better to look the bollinger band, 95% of the candle are inside the band)

Maybe sometime, when holiday and some market is close, just to see, at that time it's more easy for some broker to push the price, to hunt stoploss.
  • #355
  • Sep 16, 2014 12:41pm Sep 16, 2014 12:41pm
U/J
Monthly BB on My chart ???

Attached Image (click to enlarge)
Click to Enlarge Name: USDJPYDaily.png Size: 29 KB
  • #356
  • Sep 16, 2014 7:22pm Sep 16, 2014 7:22pm
Ha, ha. every body want to know.

First no enalf candles to see correctly on my chart.

Monthly chart bb40 = 2 month
Monthly chart bb80 = 4 month

http://nimga.fr/m/2v5IA.png


http://nimga.fr/m/nUGSa.jpg

http://nimga.fr/m/rkUEW.png
  • #357
  • Sep 16, 2014 7:56pm Sep 16, 2014 7:56pm
Quoting scalpeur
Ha, ha. every body want to know. First no enalf candles to see correctly on my chart. Monthly chart bb40 = 2 month Monthly chart bb80 = 4 month {image} {image} {image}

Thank you, that will keep me in more discipline

Have good trades !
  • #358
  • Sep 17, 2014 6:42pm Sep 17, 2014 6:42pm
Quoting RabbitWolf
{quote} Thank you, that will keep me in more discipline Have good trades !
Discipline

Udapte USD/JPY


http://nimga.fr/m/Eruvr.png
  • #359
  • Sep 17, 2014 6:51pm Sep 17, 2014 6:51pm
My analyze GOLD from 15 September 2014

I know people want to buy Gold, but the bollinger tall me, not yet the good time.

http://nimga.fr/m/JBhbx.png 15 september 2014, 08h14

http://nimga.fr/m/uGGVL.png 17 september 2014, 09h11

http://nimga.fr/m/F1pTL.png 18 september 2014, 07h45
  • #360
  • Sep 17, 2014 7:03pm Sep 17, 2014 7:03pm
Analyze EUR/JPY from 15 September 2014.

http://nimga.fr/m/yI7UP.png 15 September 2014, 07h40

http://nimga.fr/m/p8qO2.png 16 September 2014, 10h11

http://nimga.fr/m/RdOXk.jpg 18 September 2014, 07h58
0 traders viewing now